Reuters was first to report the German government wants to enshrine possible rescue measures for energy companies such as Uniper in its energy security law and may end up acquiring a stake in the company as a last resort. The proposals underscored Germany’s scramble to deal with soaring energy prices and the knock-on effects on companies such as Uniper in an energy standoff between the West and Moscow after Russia’s invasion of Ukraine in February.
Energy
Reuters reveals Germany preparing to help stricken Uniper through energy security law
04 July 2022, 2:56 pm 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story